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Knowledge Connect is a monthly newsletter published by R & A Associates .
Nov'2012 Issue, Vol  20

 Article of the Month

Position of Company Secretaries under the Companies Bill, 2011  
The present Companies Act in India was enacted in 1956 and has since been amended nearly 20 - 25 times by incorporating  several major and minor alterations... read more >>

 Updates & Amendments 

A. MINISTRY OF CORPORATE AFFAIRS (MCA) 
  • Default by Cost Auditors in filing Form 23D against the corresponding Form 23C
  • Extension of due date for filing Balance Sheet and Profit & Loss Account in Extensible Business Reporting Language (XBRL) mode
  • Scrutiny of XBRL Filings for the Financial Year 2010-2011 and urge for improvement in the quality thereof
  • Companies required to file financial statements for the Financial Year 2011-2012 in Extensible Business Reporting Language (XBRL)
  • Transfer, redemption and re-issuance of Indian Depository Receipts (IDRs)
  • Extension of time for filing Form 23B without additional filing fees
B. SECURITIES AND EXCHANGE BOARD OF INDIA (SEBI)
  • General Order - SEBI (Framework for Rejection Of Draft Offer Documents) Order, 2012
  • Public issues in electronic form and use of nationwide broker network of Stock Exchanges for submitting application forms
  • Securities and Exchange Board Of India (Issue And Listing Of Debt Securities)(Amendment) Regulations, 2012
  • Securities and Exchange Board of India (Issue Of Capital And Disclosure Requirements)(Fourth Amendment) Regulations, 2012
  • Securities and Exchange Board of India (Mutual Funds) (Second Amendment) Regulations, 2012
C. RESERVE BANK OF INDIA (RBI)
  • Export of Goods and Services – Simplification and Revision of Softex Procedure 
  • Foreign investment in NBFC Sector - Amendment to the Foreign Direct Investment (FDI) Scheme
  • External Commercial Borrowings (ECB) Policy – Review of all-in-cost ceiling
 

 Editor's Column

It is indeed a great privilege for me to announce that “R & A” completed its 16 th Foundation Day on 23 rd October, 2012... read more >>

 R & A Events

On 23rd October, 2012, R & A celebrated its 16th Foundation Day. Every year the event is celebrated... read more >>

 Case Laws

  1. The assessee had sold certain shares during the Financial Year 1992-93 of Rustom Spinners Ltd (Rustom Spinners) and had earned  long term capital... read more >>

  2. In this case, the issue involved was that if there is a default on the part of a private limited company in payment of its income tax... read more >>

 Legal Jargons

"Word: Contempt"
Meaning: A failure to show appropriate respect for  something that other people consider to be important. Example: A person held in "contempt" of the court may be incarcerated... read more >>

 Lets Analyse

In the previous issue we have been discussing regarding the Section 2(30) of the Companies Act 1956, we shall continue to deal with the same Section in this issue... read more >>

 Demystify Law

An act to prevent money-laundering and to provide for confiscation of property derived from, or involved in, money laundering... read more >>



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Business Set-Up
Audit n Assurance
Corporate Governance
Legal Due Diligence
Forex Compliances

 

Corporate Advisory & Compliance
Regulatory Approvals & Representation
Merger/Amalgamation or Acquisition
Employee Stock Option Schemes
Transaction documents

 

Intellectual Property Rights
Advisory on Capital Raising
Services to Lending Institutions
Services for Export Oriented Units


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